Telangana Backs Amara Raja's $1 Billion Giga Corridor Project
Amara Raja $1 Billion Giga Corridor Project Will Receive Support from Telangana Government

Industry News

Amara Raja $1 Billion Giga Corridor Project Will Receive Support from Telangana Government

Updated on Jun 25, 2024, 04:00 AM IST
Written by Anandu Manoj

Automotive and industrial battery manufacturer Amara Raja Batteries Ltd. will receive the necessary support from the Telangana government for its USD 1 billion Giga Corridor project and advanced research facilities. The project will be located in the Telangana New Energy Park, Mahbubnagar district.


Amara Raja Giga Corridor Project Will Receive $1 Billion in Financial Support from Telangana Government

 

The Telangana government assured that it would extend necessary support to the group’s Advanced Chemistry Cell (ACC). The Telangana government will provide support for operationalizing the ACC gigafactory, pack assembly, and ePositive Energy Labs in Telangana.

 

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The lab's establishment is a significant milestone. The USD 1 billion Giga Corridor of Amara Raja will also include a gigafactory for the production of lithium-ion cells and battery packs, which is slated to be constructed in Divitipalli. Once operational, the lab will drive R&D, testing, and innovations in lithium-ion batteries.

 

 

About Amara Raja Group

Amara Raja Group

 

The Amara Raja Group is a diversified Indian multinational conglomerate company headquartered in Tirupati, India. They boast a significant presence in various industries, making them a prominent player in the Indian market.

 

The group is a leader in the Indian battery industry, known for its popular Amaron brand. They also invest in power conversion products and electric vehicle components. Amara Raja is constructing a 100 MW solar power plant in Bangladesh, marking their entry into the international solar market.

 

 

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